Gas prices set to soar

Gas prices set to soar

Why Gas Prices Went Up

  • Economy Watch
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Gas prices set to soar

Updated: Monday, 27 Aug 2012, 7:10 PM EDT
Published : Monday, 27 Aug 2012, 5:05 PM EDT

TERRE HAUTE, Ind. (WTHI) - With many oil refineries in the Gulf of Mexico closing down in preparation for Isaac, some Wabash Valley locals are concerned over the likely spike in gas prices.

We talked with Gas Buddy expert Patrick DeHaan about the problems the storm would have, and DeHaan said the prices are expected to spike soon, but not because of the storm.

A pipeline problem in the Great Lakes region will likely be the cause of high gas prices just before Labor Day.
 

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